Maruti Suzuki

The long-awaited tie-up between Volkswagen and Maruti Suzuki has been finally confirmed. Accordingly, Maruti Suzuki India will be selling its A-Star model cars to Volkswagen, which will in turn market it for global markets.

Maruti Suzuki, the leading manufacturer in Indian small car segment, has reported a 25.3% increase in net profits to Rs.583.5 crore for the quarter ended June 30 compared to Rs.465.9 crore it earned in the corresponding period the previous fiscal.